Exceptional fully renovated four-unit mixed-use property in the heart of East Lynn, offering strong income, flexibility, and owner-user potential. The building features two street-level commercial spaces and two updated residential apartments. Each commercial unit includes a private restroom and dedicated basement storage, ideal for retail, office, salon, or service businesses. The residential component consists of a spacious 2-bedroom, 1-bath apartment with an open-concept layout and large private deck, delivered vacant, plus a 1-bedroom, 1-bath apartment with a private deck currently occupied by a tenant-at-will paying $2,450/month and willing to renew. The smaller commercial unit is leased at $1,800/month on a 3-year term with annual rent increases, while the larger commercial space generates $2,300/month and may be delivered vacant at closing. Additional highlights include 10–12 on-site parking spaces, ample street parking, and significant upside for investors or owner-occupants se
- Basement:
- Partial
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Interior Features:
- Kitchen, Loft, Office/den, Living Room
- Lead Paint:
- Unknown
- Area:
- East Lynn
- Market Time:
- 219
- Parking Spaces:
- 10
- Tax Year:
- 2024
- Status:
- Active
- Price Per Sqft:
- $337
- Zoning:
- b
- No Units:
- 4
- Orig Price:
- $1,300,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Lynn
- State:
- MA
- County:
- Essex
- Postal Code:
- 01902
- Longitude:
- W71° 3' 29.9''
- Latitude:
- N42° 28' 45.3''
Residential Income
431-433 Chatham, Lynn, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,160,000
- Bedrooms :
- 4
- Rooms :
- 14
- Total Bathrooms :
- 3
- Full Bathrooms :
- 2
- Half Bathrooms :
- 2
- Square Footage :
- 3,442 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.10 Acre
- Listing ID :
- 73447401
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com